Intel’s plan sets goals for reducing value
chain footprint and catalyzing industrywide action to address
climate change
What’s New: Today, Intel Corporation announced plans to
further reduce its direct and indirect greenhouse gas emissions and
develop more sustainable technology solutions. The company pledged
to achieve net-zero greenhouse gas emissions in its global
operations by 2040, to increase the energy efficiency and lower the
carbon footprint of Intel products and platforms with specific
goals, and to work with customers and industry partners to create
solutions that lower the greenhouse gas footprint of the entire
technology ecosystem.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220413005299/en/
“The impact of climate change is an urgent
global threat. Protecting our planet demands immediate action and
fresh thinking about how the world operates. As one of the world's
leading semiconductor design and manufacturing companies, Intel is
in a unique position to make a difference not only in our own
operations, but in a way that makes it easier for customers,
partners and our whole value chain to take meaningful action too.”
–Pat Gelsinger, Intel chief executive officer
What It Means for Intel’s Global Operations: Intel is
committing to reach net-zero greenhouse gas emissions across its
operations, otherwise known as its Scope 1 and 2 emissions, by
2040. Intel’s priority is to actively reduce its emissions, in line
with international standards and climate science. It will use
credible carbon offsets to achieve its goal only if other options
are exhausted.
To realize this ambitious goal, Intel has set the following
interim milestones for 2030:
- Achieve 100% renewable electricity use across its global
operations.
- Invest approximately $300 million in energy conservation at its
facilities to achieve 4 billion cumulative kilowatt hours of energy
savings.
- Build new factories and facilities to meet U.S. Green Building
Council® LEED® program standards, including recently announced
investments in the U.S., Europe and Asia.
- Launch a cross-industry R&D initiative to identify greener
chemicals with lower global warming potential and to develop new
abatement equipment.
These targets strengthen Intel’s commitment to sustainable
business practices, like its RISE strategy. Intel’s cumulative
greenhouse gas emissions over the past decade are nearly 75% lower
than they would have been in the absence of investments and
action.
“Intel has been a leader in sustainability results for decades.
With leadership comes responsibility. We’re now raising the bar and
entering an exciting era to achieve net-zero greenhouse gas
emissions across our operations by 2040,” said Keyvan Esfarjani,
executive vice president and chief global operations officer at
Intel. “This will require significant innovation and investment,
but we are committed to do what it takes and will work with the
industry to achieve this critical mission.”
What It Means for Intel’s Scope 3 Emissions: Intel is
also committed to addressing climate impacts throughout its
upstream and downstream value chain, also known as Scope 3
emissions. Intel’s Scope 3 strategy focuses on partnering with
suppliers and customers to take aggressive action to reduce overall
emissions.
What This Means for Intel’s Supply Chain: Intel is
actively engaged with its suppliers to identify areas of
improvement, including increasing supplier focus on energy
conservation and renewable energy sourcing, increasing chemical and
resource efficiencies, and leading cross-industry consortia to
support the transition to a net-zero greenhouse gas semiconductor
manufacturing value chain. To accelerate progress, Intel is
committed to partnering with suppliers to drive supply chain
greenhouse gas emissions to at least 30% lower by 2030 than they
would be in the absence of investment and action.
What It Means for Intel’s Products: To support customer
sustainability goals and reduce Scope 3 product-use greenhouse gas
emissions, Intel will increase the energy efficiency of its
products and continue to drive performance improvements the market
demands. Intel is setting a new goal to achieve a five times
increase in performance per watt for its next generation CPU-GPU,
code-named Falcon Shores. The company remains committed to its 2030
goal to increase product energy efficiency by 10 times for client
and server microprocessors.
To help customers achieve platform carbon reductions, Intel is
extending innovation in:
- The layout, selection and modularity of all internal components
to reduce the size of main boards.
- Continued increases in system energy efficiency and display
efficiency to significantly reduce overall power consumption.
- The use of bio-based printed circuit boards to aid in the
separation of materials and components when recycling, and to
reduce overall electronic waste.
Intel has also set a new goal to lower emissions related to
reference platform designs for client form factors by 30% or more
by 2030. These efforts are taking shape with Dell’s Concept Luna
prototype device, developed in partnership with Intel to showcase
future possibilities for sustainable PC design.
“Collaboration is key if we want to find solutions to the
significant environmental issues the world is grappling with. Intel
has been an important partner in this regard, helping us drive
joint innovation supporting motherboard optimization, development
of the bio-based printed circuit board and increasing system power
efficiency in our Concept Luna device,” said Glen Robson, chief
technology officer for the Client Solutions Group, Dell
Technologies. “The ambition behind this ongoing work is to test,
prove and evaluate opportunities to roll out innovative,
sustainable design ideas at scale across our portfolio — it’s the
only way we will sufficiently accelerate the circular economy and
protect our planet for the generations to come.”
About Creating More Sustainable Solutions: Intel is
collaborating with hundreds of customers and industry partners to
create solutions that meet the need for exponentially more
computing processing power, while running more efficiently and
using less energy. For instance, Intel is partnering to launch
liquid immersion cooling pilot deployments for data centers across
cloud and communications service providers, with companies such as
Submer. This includes embracing new principles, such as heat
recapture and reuse via immersion cooling.
“99% of heat generated by IT equipment can be captured in the
form of warm water, practically without losses and at much higher
temperatures. Through partnership with Intel, Submer is able to
scale a validated immersive cooling solution that saves energy
while providing the ability to capture and reuse the subsequent
thermal heat,” said Daniel Pope, co-founder and CEO of Submer.
“This will fundamentally change the way data centers are built and
operated.”
Increasing access to renewable energy is a critical step in
reducing global greenhouse gas emissions. Intel has developed a
solution that can be integrated into existing energy grid
infrastructure to create a smarter grid that can adapt to changing
energy consumption needs and sources. Intel and some of the world’s
largest utility operators formed the Edge for Smart Secondary
Substations Alliance to modernize energy grid substations and
better support renewable energy sources. France’s largest grid
operator, Enedis, recently joined to upgrade its more than 800,000
secondary substations with solutions that provide real-time control
across the network.
Intel’s programmable hardware and open software also deliver
capabilities that enable greener solutions for customers. For
example, within its data center that houses 5G communication
facilities, Japan telecommunications operator KDDI reduced overall
power consumption by 20% in a trial using Intel® Xeon® Scalable
processors and Intel’s comprehensive power management and AI
capabilities, giving it the ability to scale power consumption
according to demand.
More Context: Intel will continue to provide updates on
its net-zero plans and greener computing strategies throughout the
year.
Even More Context: Intel Commits to Reduce Greenhouse Gas
Emissions Across its Value Chain (Press Kit) | CEO Pat Gelsinger on
Intel’s Greenhouse Gas Reduction Strategy (Video)
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating
world-changing technology that enables global progress and enriches
lives. Inspired by Moore’s Law, we continuously work to advance the
design and manufacturing of semiconductors to help address our
customers’ greatest challenges. By embedding intelligence in the
cloud, network, edge and every kind of computing device, we unleash
the potential of data to transform business and society for the
better. To learn more about Intel’s innovations, go to
newsroom.intel.com and intel.com.
Statements in this document that refer to future plans or
expectations are forward-looking statements. These statements are
based on current expectations and involve many risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in such statements. For more
information on the factors that could cause actual results to
differ materially, see our most recent earnings release and SEC
filings at www.intc.com.
© Intel Corporation. Intel, the Intel logo and other Intel marks
are trademarks of Intel Corporation or its subsidiaries. Other
names and brands may be claimed as the property of others.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220413005299/en/
Chelsea Hughes 1-503-696-2898 chelsea.hughes@intel.com
Intel (NASDAQ:INTC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Jul 2023 to Jul 2024